DIVIDEND SHOWS BUT NOT PAID FOR THE F.Y. 2019-20
This query is : Resolved
02 August 2020
QUESTION WAS ASKED FOR THE F.Y. 2019-20 AND NOT F.Y. 2020-21. DIVIDEND EARNING SHOWS IN NSDL CAS BUT THE AMOUNT NOT RECEIVED IN CASH. WILL THE AMOUNT TO BE TAKEN IN MY TOTAL INCOME OR THE AMOUNT TO BE SHOWN AS EXEMPTED INCOME IN ITR FOR REPORTING PURPOSE ONLY?
02 August 2020
ALWAYS YOU USED TO REPLY AGAINST EACH QUESTION. AT PER YOUR REPLY IS SOLICITED FOR THE QUESTION ASKED FOR TO DAY.
03 August 2020
KINDLY REPLY AGAINST ABOVE CITED QUESTION WHICH WAS ASKED FOR THE F.Y. 2019-20 AND NOT FOR THE F.Y. 2020-21.KINDLY DO THE NEEDFUL.
04 August 2020
Dividend on which company has paid DDT shall be exempt in the hands of shareholder even if it is received in FY 2020-21 as it declared in FY 2019-20.
Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
09 August 2020
Currently, DDT is paid by the companies before paying dividend to their shareholders. Therefore, it made dividend received by the shareholders of the company of tax-free in their hands. Further, taxpayers earning dividend income of more than Rs 10 lakh are required to pay tax at the rate of 10 per cent.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
